The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased 13 basis points this week, to 4.86% for the week ending July 11, 2013. But it remained well below its 4.99% average from two weeks ago (the week ended June 27).
The 20-Bond GO Index of 20-year general obligation yields increased 16 basis points this week, to 4.55%.But it remained below its 4.63% level from two weeks ago.
The 11-Bond GO Index of higher-grade 20-year GO yields also gained 16 basis points this week, to 4.32%, but remained below its 4.40% level from two weeks ago.
The Bond Buyer's Revenue Bond Index, which measures 30-year revenue bond yields, rose four basis points this week, to 4.91% - the same level as two weeks ago.
The yield on the U.S. Treasury's 10-year note increased seven basis points this week, to 2.58%, which is its highest level since July 28, 2011 (102 weeks ago), when it was 2.96%.
The yield on the Treasury's 30-year bond gained 13 basis points this week, to 3.63%. This is its highest level since Aug. 11, 2011 (100 weeks ago), when it was 3.79%.
